The Rolex GMT-Master II is a watch that transcends mere timekeeping; it's a statement of style, a testament to horological excellence, and a highly sought-after collectible. This article focuses specifically on the price of a 2013 Rolex GMT-Master II, exploring factors influencing its value and providing a comprehensive overview of the market for this particular model. We’ll delve into the specific example provided – a $12,995 listing for a 2013 reference 116710LN – and contextualize it within the broader landscape of Rolex GMT-Master II pricing.
The Listed Example: A 2013 Rolex GMT-Master II (Ref. 116710LN) at $12,995
The listing details provide a starting point: a 2013 Rolex GMT-Master II, reference number 116710LN, in very good condition, offered at $12,995. This reference, with its black Cerachrom bezel insert and steel Oyster bracelet, is a popular and highly desirable model. The description mentions it's a "full set," meaning it comes with its original box and papers, significantly boosting its value.
The price of $12,995 falls within a range that's reasonable for a pre-owned watch in this condition and year. However, determining whether this is a good deal requires a deeper analysis of various factors impacting the price of pre-owned Rolex watches, especially the GMT-Master II.
Factors Affecting the Price of a Pre-Owned Rolex GMT-Master II (2013)
Several key factors influence the price of a used Rolex GMT-Master II, particularly a 2013 model:
* Condition: The condition of the watch is paramount. Scratches, dents, imperfections on the case, bracelet, or crystal will significantly lower the value. A "very good" condition, as stated in the listing, suggests minor signs of wear, which is expected for a watch of this age. A full service history, documented by Rolex or a reputable independent watchmaker, will positively impact the price.
* Completeness of the Set: A "full set" – including the original box, papers (warranty card, instruction booklet), and any additional accessories – commands a higher price. The presence of these documents verifies the watch's authenticity and provenance, increasing buyer confidence. Missing papers or boxes can reduce the value by several thousand dollars.
* Market Demand: The Rolex GMT-Master II, especially the 116710LN, enjoys consistently high demand. Its popularity, iconic design, and robust functionality contribute to its strong resale value. Market fluctuations, influenced by factors like economic conditions and trends in the luxury watch market, can also impact prices.
* Reference Number (116710LN): The specific reference number, 116710LN, plays a significant role. Different reference numbers denote variations in materials, features, and dial designs. The 116710LN's popularity contributes to its strong resale value. Other variations, such as those with different bezel colors or materials, may command different prices.
* Seller Reputation: The reputation and trustworthiness of the seller are crucial. Purchasing from a reputable dealer or authorized seller offers greater peace of mind and often comes with a warranty or return policy. Private sales carry more risk, requiring careful due diligence.
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